The concept of permission ledger is not a new addition to the gem and diamond industry. The entire gem and jewelry ecosystem longed to have a permission ledger-based system to encompass…
Category: Article
Understanding the Proof of Work (PoW) Consensus
The concept for Proof of Work (PoW) was initially published in the year 1993 by Cynthia Dwork and Moni Naor and was later implemented by Satoshi Nakamoto in his Bitcoin paper…
Understanding the Proof Of Importance (POI) Within a Business Ecosystem
Proof-of-Importance (PoI) is a ledger related consensus mechanism that is important in the trust chain ecosystem. PoI reward users who are actively transacting on the network, gradually building on proof-of-stake. With…
How the Peer to Peer Transactional Model Lead to Safer Business Ecosystems?
The Peer to Peer network-based transactional model is one of the most robust platforms available in today’s business ecosystem. The P2P is chosen over others owing to certain intrinsic characteristics that…
From the mines to your finger, how Smart Contract is helping stop conflict diamonds?
The journey of a diamond is truly unique. Right from the mine to the beautiful fingers of a newly engaged lady; diamonds are truly unique. They are special in terms of…
Why Gem & Jewelry's E-Commerce Businesses are Gaining Popularity?
There is no escaping it - the e-commerce industry is growing in leaps and bounds. By 2020, the online marketplace is supposed to cross to an astonishing mark of $1.95 trillion.…
Five Innovations Which have Transformed the Diamond Industry
A diamond is forever! The diamond industry is one of the biggest industries of the world with an enormous value of money involved with it. If we consider the global figures,…
The Road Towards an Open Gem and Jewelry Marketplace Built on a Trust Chain
The road towards an open diamond marketplace built on a trust chain is a reality with the ever-ledger. For long, the gem and jewelry industry has suffered due to a lack…
